• Prepared Financial Assessments (13-week and 3-year Cash Projections, Liquidation Analysis, Accommodation Support Assessments, Stay vs. Go Assessments) to Drive Decision Making Process
• Developed Resourcing Strategy and Comprehensive “Take Over” Strategy
• Highlighted Plant-by-Plant and Part-by-Part Risk Assessment and Resourcing Assessment
• Worked with Creditors to Successfully Transition Company Through Bankruptcy Process
  

RESULT: Company was taken over by investment group with zero incremental cost to clients and zero production spills. Deemed the most successful automotive supplier workout of its time.

• Prepared Financial Assessments (13-week and 3-year Cash Projections, Liquidation Analysis, Accommodation Support Assessments, Stay vs. Go Assessments) to Drive Decision Making Process
• Negotiated Accommodation Agreements to Support an “Out-of-Court” Restructuring of the Business
• Developed Comprehensive Strategy Supporting Either a Resourcing or an Orderly Sale of Certain Assets

RESULT: Company sold European operations, paid U.S. debts off in-full, and remained in business without filing for Chapter 11 protection.

• Developed Turnaround Plan
• Negotiated Bank Forbearance with Senior Lending Syndicate
• Prepared and Maintained 13-week Cash Forecasting Model
• Assisted with Vendor Management
• Prepared Annual Budget and Scenario Analysis
• Assisted in Sale Process

RESULT: Company entered an orderly sale process.

• Negotiated Separation Agreement with Unprofitable Customer
• Settled Commercial Issues with Largest Customer
• Prepared Cash Forecast Models
• Supported Company During Discussions with Senior Lender

RESULT: Company avoided immediate threat of Bankruptcy and transitioned away from unprofitable customer, thus providing time to 
restructure the business.

• Prepared Financial Assessment Regarding Value Destruction Relating to Customer Relationship
• Developed Resourcing Strategy from Unprofitable Customer
• Supported Litigation Between Client and Unprofitable Customer
• Supported Company During Discussions with Senior Lender

RESULT: Company transitioned away from unprofitable customer.
 

• Prepared Financial Assessments (13-week and 3-year Cash Projections and Liquidation Analysis) to Support Negotiations with Lender
• Negotiated Forbearance Agreement with Lender to Enable Restructuring of Business and Debts
• Negotiated Accommodation Agreement with Customer to Enable Profitable Pricing on Products
• Supported and Advised Company through Sale Process to Maximize Return to Estate
  

RESULT: Company avoided bankruptcy, returned to profitability, paid off senior debts in full, sold certain company assets to settle unsecured debts, and continued operations.

• Appointed CEO and Controller
• Supported Sales Staff in Customer Meetings
• Arranged for Sale of Non‐performing Assets
• Utilized Relationships to Help Grow Business Profitably

RESULT: Company repaired ailing customer relationships and acquired new, 
profitable contracts to resume growth.

• Prepared Financial Assessments (13-week Cash Projections, Liquidation Analysis, Accommodation Support Assessments) to Drive Decision Making Process
• Negotiated Accommodation Agreement to Support an Orderly Transition of Customer Business
• Coordinated an Auction to Liquidate the Hard Assets of the Business
• Managed Distribution of Proceeds to the Creditors as Receiver for the Estate
  

RESULT: Company transitioned customer business without interruption, liquidated assets, and was able to provide a substantial dividend to unsecured creditors.

• Prepared Financial Assessment and Accommodations Support Required for Long-term Viability and Presented to Senior Lender and Key Customers
• Negotiated Financial Accommodations Required from Key Customers
• Prepared Weekly Cash Forecast and Managed Budget and Reporting
• Worked with Customers, Lender and Other Creditors to Effect an Orderly Wind Down

RESULT: Company transitioned customer business without interruption, liquidated assets, paid off $500,000 over-formula loan to secured lender in-full, and paid off or extinguished $4 million of personal guarantees for owner.